The global advanced analytics market is forecasted to grow at a CAGR of 9.39% during the period 2017-2021

LONDON, Nov. 28, 2017 /PRNewswire/ --

About Advanced Analytics

Advanced analytics usually provides answers to the questions related to the future and is proactive. For instance, it can be used to find/predict what might happen to the output if a certain factor is tweaked in a currently running system. It focuses on predicting and correlating actions. Advanced analytics include predictive analytics, data mining, text mining, simulation, statistical analysis, big data analytics, and descriptive modeling. Advanced analytics uses big data. It uses both structured and unstructured data. Useful data generation is automated. Advanced analytics is mainly used by consultants, data scientists, business analysts, and business users to predict problems and outcomes.

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Technavio's analysts forecast the global advanced analytics market to grow at a CAGR of 9.39% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global advanced analytics market for 2017-2021 . To calculate the market size, the report considers the revenue generated from software and services. The software license revenue includes both perpetual and periodic licenses or subscriptions.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Advanced Analytics Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• IBM
• KNIME
• SAS Institute

Other prominent vendors
• Accretive Technologies
• ANGOSS SOFTWARE
• Ayasdi
• Cloudera
• Dell
• FICO
• INSURITY
• Micro Focus
• Microsoft
• Oracle
• Pegasystems
• JSC PROGNOZ
• RapidMiner
• Salesforce
• TABLEAU SOFTWARE
• Teradata
• TIBCO Software
• Workday

Market driver
• Growing enterprise data
• For a full, detailed list, view our report

Market challenge
• Challenges associated with big data and cloud
• For a full, detailed list, view our report

Market trend
• Movement of big data to the cloud
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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